Utility Transfers Act; SCC to approve acquiring or disposal of control of public utility. (SB710)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

Introduced
X
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Utility Transfers Act.  Provides that a person shall not acquire or dispose of control of a public utility, or all of its assets, or a telephone company, in whole or in part, without prior approval of the State Corporation Commission.   View Full Text »

Status

02/08/2010: Failed to Pass in Committee
View Bill's History